BALTIMORE-A new life is in store for the 103-year-old Raleigh Building as Boston-based GFI Properties LLC joins with two other groups to propose the acquisition and redevelopment of the 350,000-sf office/industrial building.
GAITHERSBURG, MD-Computer engineering company RS Information Systems expands its office space to accommodate a new government contract by taking on a 30,600-sf space in the building at 656 Quince Orchard Rd.
FREDERICKSBURG, VA-Northern Virginia retail properties continue to demand attention from investors, as is evidenced by local firm Weinstock Properties LLC's recent purchase of the Fredericksburg Shopping Center.
HAMPTON, VA-The city's first Extended Stay America Efficiency Studios hotel swings open its doors to guests, marking the debut of the company's 462nd hotel property in the country.
WASHINGTON, DC-Emerging Trends in Real Estate 2004 readies for its close-up as PricewaterhouseCoopers brings in new publishing partner, the Urban Land Institute. ULI replaces Lend Lease Real Estate Inc., which recently revealed plans to exit the US real estate market.
MCLEAN, VA-And the hits just keep on coming for home and multifamily mortgage lender Freddie Mac. The office of the US Attorney initiates an investigation into possible illegal activity resulting in faulty earnings reports, and the SEC--after months of informal inquiries--announces the beginning of its own official investigation.
ANNAPOLIS, MD-Leasing activity at the new restaurant/service buildings in the multi-structure Annapolis Technology Park moves right along as leasing agent NAI KLNB Inc. reels in four new tenants.
METROPOLITAN WASHINGTON, DC-Three-decade industry veteran Paul Davis steps up to the plate as Carr Real Estate Services Inc.'s VP/director of operations for the Virginia and Maryland regions.
NEWARK, DE-Visitors to neighboring University of Delaware and nearby Dupont Corp. get a new alternative in hotel accommodations as property developer the Buccini/Pollin Group breaks ground on a new Homewood Suites hotel.
WASHINGTON, DC-Sending out a call for bids to develop 2,255 residential units at Nebraska's Offutt Air Force Base, the US Air Force continues to hold up its end of the military's commitment to provide better housing at military bases across the country.